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IFX Inches Up

After a few days of rout at Iran Fara Bourse, the benchmark, IFX, slightly rebounded to 0.35 point or 0.05 percent to settle at 691.51. The IFB also recorded the highest trade volume in the week that ended June 10 with almost 533 million securities changing hands valued at $63.8 million. Bank Mehr Eghtesad with more than 465 million shares valued at $16.2 million registered the highest trade volume and value among all listed companies. The bank nearly capped its 5-percent volatility cap and recorded the highest price rise at IFB. More than 600,000 leasing bonds were also sold out at Fixed-Income Market. The highest trade volume among the exchange-traded funds was recorded for Etemad Fund.